Bitcoin price returns to $76,000 levels, XLM leads altcoin gains

The past 24 hours have seen a fresh revival in the digital currency market, with Bitcoin price back towards the $76,000 level on the back of improving sentiment and a return to buying momentum.

The rise follows a period of intense volatility related to tensions in the Middle East, which saw Bitcoin approach $78,000 before escalating below $74,000.

But it rose again and is currently trading around $76,400, with a daily increase of about 2% and an increase of about 11% in two weeks.

This recovery also coincided with the company “Strategy” announcing a huge purchase of more than 34,000 Bitcoins worth more than $2.5 billion, which increased investor confidence and supported the upward trend.

Bitcoin’s market capitalization has risen to over $1.5 trillion, with a dominance of approximately 57%.

Alternative currencies also recorded stronger performances, with XLM leading the gains, rising 7% to reach its highest level this month.

TON and Mantle also posted significant gains, while major coins such as Ethereum, XRP, and Solana saw limited gains.

On the other hand, some currencies such as RAIN, DEXE, and Pi Network fell, reflecting the continued changes in market performance.

Overall, the digital currency market capitalization has risen to approximately $2.6 trillion, indicating a general improvement in risk appetite.

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